Category: Companies House

We have a robust system of reporting which report your income every quarter, avoiding penalties. We provide a professional, marketing-driven approach to make your financial reporting simple, accurate, and stress-free, helping you stay compliant and confident in your business growth.Feel free to contact us for more information. info@capitalaccountants.com Phone: +44 20 8962 3400

One of the biggest misconceptions about MTD for Income Tax is that taxes will need to be paid quarterly. In reality, MTD changes only the reporting process, not the payment dates. After the system launches, taxpayers will need to submit quarterly updates to HMRC. These are regular reports showing income and expenses throughout the year.…
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MTD for Income Tax does not apply only to high-earning self-employed individuals. Many people do not realise they may also fall under the new HMRC rules. For example, if someone works through PAYE but also rents out property or earns side income from self-employment, this income is also considered for MTD. HMRC looks at qualifying…
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HMRC is increasingly targeting businesses that operate mainly with cash — such as beauty salons, restaurants, small shops, and service-based businesses. The reason is simple: these sectors most often show discrepancies between actual and declared income. Today, HMRC uses data matching systems — it automatically compares bank transactions, expenses, and reported turnover. This allows them…
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In the UK, it sometimes happens that a payment to HMRC is sent to the wrong account or with an incorrect reference. This is not a critical issue, but it should be corrected as soon as possible. First of all, there is no need to panic — the money usually does not get lost, it…
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A director’s loan (money taken from a company by its director) is one of the most frequently reviewed areas by HMRC in UK companies. Mistakes here can lead to additional taxes and penalties. Common issues occur when: HMRC pays close attention to these transactions because they are often misused or poorly recorded. Proper management of…
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HM Revenue and Customs may review your business at any time — make sure everything is in order. If even 1–2 points are missing — your business is at risk. Contact us, we will review your accounting, identify risks, and prepare your business for HMRC checks.

Under the new Companies House requirements, a company’s registered office must be real and suitable for receiving official correspondence. Using formal or “mass” addresses is no longer allowed. If the address does not comply, Companies House can change it or apply sanctions to the company. This creates the risk of missing important letters from HMRC…
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Following changes under the Economic Crime and Corporate Transparency Act 2023, Companies House now has real powers to influence businesses. The registrar can not only accept filings but also check them, reject suspicious submissions, and remove companies from the register (strike off). This means that any inaccuracies, false information, or violations can have serious consequences…
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As an authorised agent of Companies House, we can complete identity verification on your behalf, eliminating complex procedures and unnecessary bureaucracy. You simply provide the required details — we take care of the entire process quickly, securely, and in full compliance with current regulations